Crude oil price to touch $150 amid US-Iran war? What brokerages fear in worst case
- Posted on March 4, 2026
- By Business News Today
- 9 Views
Crude oil price to touch $150 amid US-Iran war? What brokerages fear in worst case
Global oil markets face severe disruption as Iran threatens to close the Strait of Hormuz, choking a fifth of crude flows. Brokerages warn Brent could hit $100–$150, stoking inflation, recession fears and sharp economic strain across emerging markets, especially energy-import dependent Asia.
